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unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony capitalism and corporate governance and they feel the need to step in because corporate governance is being ignored and crony capitalism exists. >> clearly incumbent on us to let the corporations continissuo produce jobs in this country. from a government standpoint ssusommon-sense regulations and common sense approaches and legislation that makes sense. for two parties to come together and produce an environment where business can proper -- tracy: energy security is something you are talking about. the obama administration has done ev
unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony...
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Sep 29, 2012
09/12
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WRC
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it will be the latest in a series of demonstrations against the spanish government for imposing severe spending cuts and tax hikes. this protest took place on wednesday. spain is the eurozone's fourth largest economy, but struggling to recover from the deep recession gripping europe. >>> james clap per, says the attack on the u.s. consulate in benghazi was, quote, a deliberate and organized terrorist attack. four people were killed in the september 11th assault including ambassador christopher stevens. clapper's assessment comes after the obama administration was criticized for standing by its original assessment that the attack was a spontaneous response to an anti-muslim film. >>> score one for the record folks. homer bailey of the cincinnati reds pitched a no-hitter last night against the pirates in pittsburgh. the score was 1-0. bailey struck out ten and walked only one, the seventh no-hitter in the major leagues this season and the first for the reds in 24 years. congratulations to homer bailey who you know with that name just had to grow up to become a major leaguer. >>> it's ine
it will be the latest in a series of demonstrations against the spanish government for imposing severe spending cuts and tax hikes. this protest took place on wednesday. spain is the eurozone's fourth largest economy, but struggling to recover from the deep recession gripping europe. >>> james clap per, says the attack on the u.s. consulate in benghazi was, quote, a deliberate and organized terrorist attack. four people were killed in the september 11th assault including ambassador...
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Sep 28, 2012
09/12
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KICU
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government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new service called gift. memo park company launched gift with select vendors today. new users will be able to click on ipod and send a friend a gift card, chocolates or other real-life presents. it'll also remind you about events such as birthdays or weddings. >>> a week-long celebration will culminate in san francisco tomorrow night. david stevenson tells us how thousands of cyclists are set to take over the streets. >> critical mass cyclists are rolling in san francisco from around the country and around the world to
government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial...
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Sep 30, 2012
09/12
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CSPAN
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eye 102
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my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified the reform of 2010. it is not a u.s.-centric issue. the u.s. has a sizable quota and is my largest shareholder, if you will. but this afternoon in that camp i certainly hope that the european authorities at large, including congress, will appreciate how needed u.s. leadership is and how needed the imf rule is going to be needed going forward. not to promote crises around the world, but it is the indirect consequences of those remote crises, including on the u.s. economy. if there is something worth learning, it is the interdependence of them. >> how c
my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified...
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Sep 25, 2012
09/12
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CNBC
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. >> corporate governance is by far the biggest risks in china. we've seen stories in the small micro cap side. largely the bigger companies have avoided some of the stig ma -- stigma attached, but it's a risk. there's no way you can fully know what's going on. >> but isn't that absurd as a fund manager to say i don't know what they could do? with all due respect, that seems like a huge risk to take. >> i think if you are willing to take -- like you said, it's a little bit of a value play. there's a discount in the name, in my opinion, for the potential growth. you'll see the largest internet market in the world. so i think the opportunity is such that you take the -- you do the due diligence you can, but you know that in the end, just like enron or world com, there could be an example of something out there that you never really have firm control of. we've met with management as many times as you can. we feel comfortable with the company. but it is china. >> e-bay, is that a market part of the business or the pay pub part of the business? >> the
. >> corporate governance is by far the biggest risks in china. we've seen stories in the small micro cap side. largely the bigger companies have avoided some of the stig ma -- stigma attached, but it's a risk. there's no way you can fully know what's going on. >> but isn't that absurd as a fund manager to say i don't know what they could do? with all due respect, that seems like a huge risk to take. >> i think if you are willing to take -- like you said, it's a little bit of...
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Sep 30, 2012
09/12
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CSPAN
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our rights come from nature and nature's god, not from government. [applause] the minute we forget that idea, the minute we lose our country. our founders secured this. every veteran since has put on the uniform to defend the idea that we can live in peace and freedom. we thank them for what they've done to give us this country. that is why we have to win. that is why we're going to win. [applause] winston churchill said it best. the americans can be counted upon to do the right thing, but only after they have exhausted all other possibilities. i think that is where we are. we are at the fork in the road. we have a choice to make. mitt romney and i are giving you the choice. it is a clear choice of two different futures. it is not too late to get it right and turn the economy around. it is not too late to secure for our children the promise of america that our parents secured for us. we can do this. we can get this together. we can put this together. together, we can get this done. you have an enormous responsibility and the enormous opportunity. a h
our rights come from nature and nature's god, not from government. [applause] the minute we forget that idea, the minute we lose our country. our founders secured this. every veteran since has put on the uniform to defend the idea that we can live in peace and freedom. we thank them for what they've done to give us this country. that is why we have to win. that is why we're going to win. [applause] winston churchill said it best. the americans can be counted upon to do the right thing, but only...
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Sep 25, 2012
09/12
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CNBC
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eye 183
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they need help from other government entities. other government entities are literally on strike. they're not coming in. so the fed is involved, but the expectations are so high that the fed is not going to be able to deliver on economic outcomes. >> how does that play out? what does that mean won't be able to deliver economic outcomes? >> it means we'll see them engage more and more. yes, we've seen qe-1, qe-2. we will see even more with the hope that at some point the fed would have ended up providing a bridge for other entities. if they don't, the investment theme is going to go from betting on the fed liquidity to positioning for the collateral damage that the fed will create. >> are you expecting a sizable decline in this market in the next couple of months, and how do you invest around that if you are? >> a lot will depend as to whether the tail winds come back in. the reason why the market has done so well is that the risk of a recession in the u.s., the risk of recession in europe has been removed by the central banks. that's why the markets have done so well and rightly s
they need help from other government entities. other government entities are literally on strike. they're not coming in. so the fed is involved, but the expectations are so high that the fed is not going to be able to deliver on economic outcomes. >> how does that play out? what does that mean won't be able to deliver economic outcomes? >> it means we'll see them engage more and more. yes, we've seen qe-1, qe-2. we will see even more with the hope that at some point the fed would...
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147
Sep 27, 2012
09/12
by
FBC
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eye 147
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i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and many others, we have picked losers. but there are so many technologies that have been developed is gps, the internet, but that is a research and development area handed over from the private sector. that is where the debate takes place. liz: so overall instead of going into very young industries and say here, let's help this country over that one, it is helping the idea? >> research and development. one of the reasons most of us have supported research and development was whatever area or sector of our economy is it has proven to be incredibly beneficial. many national laboratories have produced incredible new technologies in defense and non-defense. you have a mature technology and you say they deserve a million dollars, that is not the role of government in my view providing tax breaks and incentives but to give them money, that is not the right answer. liz: the adm
i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and many others, we have picked losers. but there are so many technologies that have been developed is gps, the internet, but that is a research and development area handed over from the private sector. that is where the debate takes place. liz: so overall instead of going...
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Oct 3, 2012
10/12
by
KTVU
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government officials held a new round of talks with foreign lenders. officials need to clinch a deal before meeting up with eurozone ministers next week. all greek citizens have been displaying their frustrations with severe cuts in salaries, pensions and benefits. european leaders still question whether the austerity measures will actually happen. there was some shine to auto sales in september. the big three u.s. automakers - ford, chrysler and gm - reported mixed but mostly upbeat sales in september on tuesday. chrysler was on top with a 12% uptick in september sales. sales came from new models, low interest rates and the improving u.s. economy. the car manufacturer reported sales of 142,000 vehicles, led by the dodge avenger midsize sedan. gm had a 1.5% increase, but truck sales fell 7.6%. ford sales slipped .1%. toyota sales in the u.s. rose over 40%. there's more trouble in the air for american airlines. tuesday, a boeing 777 flying from chicago to london made two emergency landings, one in canada because of a medical emergency and other in irela
government officials held a new round of talks with foreign lenders. officials need to clinch a deal before meeting up with eurozone ministers next week. all greek citizens have been displaying their frustrations with severe cuts in salaries, pensions and benefits. european leaders still question whether the austerity measures will actually happen. there was some shine to auto sales in september. the big three u.s. automakers - ford, chrysler and gm - reported mixed but mostly upbeat sales in...
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Oct 2, 2012
10/12
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KTVU
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workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though inflation is not helping. but it may also drive up the cost of making some of those products there, as well. in our cover story, who gains as china's employee base moves up? despite china's present economic slowdown, the story of its workforce recently has been of migration from farm to factory. 25 million made the move in 1990. last year, that figure grew to 158 million. it has increased china's productivity and competitiveness. but lately, that workforce is demanding more. "they increasingly learn that there's a big gap in what they earn and some other
workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though...
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Sep 27, 2012
09/12
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KRCB
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today, the spanish government presented its new budget, which includes $51 billion in spending cuts. the government also plans to borrow nearly $4 billion from the country's pension reserves to cover liabilities. what's clear is the euro-zone's crisis isn't going away soon. >> it's probably going to be another six, 12, 18 months before its finally resolved. and by "resolved," i mean they consolidate into some kind of fiscal coalition, and maybe there's some kind of debt mutualization and what have you. so, we are still quite a ways away from that. >> reporter: at today's event, monti was asked whether he thinks greece will eventually leave the e.u. he said no, but didn't discount the possibility entirely. >> i believe that were it to happen, it would be damage to the whole system. >> reporter: monti said he won't run for re-election, but he didn't completely close the door on another term. he was appointed prime minister by the italian president, and says if the president wants to reappoint him, he would consider serving another term. erika miller, nbr, new york. >> tom: this week, w
today, the spanish government presented its new budget, which includes $51 billion in spending cuts. the government also plans to borrow nearly $4 billion from the country's pension reserves to cover liabilities. what's clear is the euro-zone's crisis isn't going away soon. >> it's probably going to be another six, 12, 18 months before its finally resolved. and by "resolved," i mean they consolidate into some kind of fiscal coalition, and maybe there's some kind of debt...
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Sep 26, 2012
09/12
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governments push these companies to give them the data. you know, give up some information on people. so it's very scary. i always say, if you don't want it on the cover of "the wall street journal," don't do it and don't say it. >> words to live by. we'll take a break and come back with a recap on the day. >> after the bell, don't miss my one on one interview with billionaire oil man boone pickens. we'll talk about when oil prices will hit bottom and more. you're watching the "closing bell" on cnbc, first in business worldwide. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. save 50% on banners. l
governments push these companies to give them the data. you know, give up some information on people. so it's very scary. i always say, if you don't want it on the cover of "the wall street journal," don't do it and don't say it. >> words to live by. we'll take a break and come back with a recap on the day. >> after the bell, don't miss my one on one interview with billionaire oil man boone pickens. we'll talk about when oil prices will hit bottom and more. you're watching...
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Sep 26, 2012
09/12
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FBC
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moments ago the government reported a big drawdown in inventories. we are using a lot more crude and the price keeps going down. we have marked road tests overseas. grace faith -- greece faces a national strike. move on to spain. thousands of people attack parliament. the cuts will be announced tomorrow. the bad news for our stock market. ♪ [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. stuart: local is watching a winner. it is a drug maker. nicole: and the first half of 2013, do not say that we did not tell you this on the fox business network. so far the trial for a drug that is an experimental treatment is going very well. that is why you are seeing the stock up over 2%. the study will continue. they seek app
moments ago the government reported a big drawdown in inventories. we are using a lot more crude and the price keeps going down. we have marked road tests overseas. grace faith -- greece faces a national strike. move on to spain. thousands of people attack parliament. the cuts will be announced tomorrow. the bad news for our stock market. ♪ [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because...
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Sep 30, 2012
09/12
by
CSPAN
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eye 118
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the government brief really sounds a lot like "trust us, we are the government." the likelihood is pretty good. it is not a persuasive. the florida supreme court just wanted some other facts. can just tell often there are false positives? how often the dog alert and there are not drug? can you tell us about the ?raining programs and t what are the odds that we're going to find something in the card? ? the petitioners says -- the responder says the dog off an alert to residuals. these are things that were not in the car now but were at some prior point. they opened up the handle of the door. the dog was strain to avert to methamphetamines. methamphetamine, it is precursor she met impedimentmet. the doctor answered it to the door. how often is it really just residual smells? it could be the garage attendant or the gas station guy. the government says we allow this for people. it the police smelled marijuana, and they can then follow that up. they're probably right about that. the dog has a better sense of smell than the human being, so surely it is ok for the dog. y
the government brief really sounds a lot like "trust us, we are the government." the likelihood is pretty good. it is not a persuasive. the florida supreme court just wanted some other facts. can just tell often there are false positives? how often the dog alert and there are not drug? can you tell us about the ?raining programs and t what are the odds that we're going to find something in the card? ? the petitioners says -- the responder says the dog off an alert to residuals. these...
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Sep 28, 2012
09/12
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FBC
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eye 115
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we only have stimulus from the fed and not directly from the government. i think it may be tenuous, but they will hold on and keep on going. >> i think they are on vacation. we do not have to worry about it for a week. liz: [laughter] we do not have to worry much want this power is done. take do so much for joining us, gentlemen. have a good weekend. fifty-five minutes until the close. surprisingly, september has been a decent month for the bulls. presidential election in november. michael church has about a half billion in assets under management. would you be worried or willfully excited about stocks? >> i think your last guest used the word setback. i think that is probably ready appropriate. we came in with analyst expectations around 3%. we have come full circle at this point. we are running negative 3%. there has clearly been some economic data -- disturbing is probably a good word. the durable goods number we have not seen levels since 2007. i think there may be some rocky water here. coming into the year and. as an asset class, i think equities loo
we only have stimulus from the fed and not directly from the government. i think it may be tenuous, but they will hold on and keep on going. >> i think they are on vacation. we do not have to worry about it for a week. liz: [laughter] we do not have to worry much want this power is done. take do so much for joining us, gentlemen. have a good weekend. fifty-five minutes until the close. surprisingly, september has been a decent month for the bulls. presidential election in november....
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147
Oct 2, 2012
10/12
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CSPAN2
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eye 147
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it's spent on propping up other governments. here we are funding funding fune insurgents in syria, and a quart of the insurgents are supposed to be al qaeda? didn't we do this in afghanistan? didn't we really ultimately bank role osama bin laden? we haven't learned anything. what we aught -- ought to have learned is military interventions make enemies to the united states of people that are affected by these. these drone strikes? yeah, we hit the target but we wipe out another quarter block. we kill tens of thousands of innocent civilians living in these countries that were ostensibly we're there to help? we're just continuing to make more and more enemies. it's no surprise that the unrest in the middle east is occurring right now. i would get out of our embassies in the middle east. why are we giving targets to demonstrators that are just looking for targets in the middle east? that is not showing weakness. it's showing we've got some common sense. where is the common sense? >> host: next call from lawrence, new york. eric is o
it's spent on propping up other governments. here we are funding funding fune insurgents in syria, and a quart of the insurgents are supposed to be al qaeda? didn't we do this in afghanistan? didn't we really ultimately bank role osama bin laden? we haven't learned anything. what we aught -- ought to have learned is military interventions make enemies to the united states of people that are affected by these. these drone strikes? yeah, we hit the target but we wipe out another quarter block. we...
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613
Sep 29, 2012
09/12
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KPIX
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it will be the latest in a series of demonstrations against the spanish government for imposing severe spending cuts and tax hikes. this protest took place on wednesday. spain is the eurozone's fourth largest economy, but struggling to recover from the deep recession gripping europe. >>> james clap per, says the attack on the u.s. consulate in benghazi was, quote, a deliberate and organized terrorist attack. four people were killed in the september 11th assault including ambassador christopher stevens. clapper's assessment comes after the obama administration was criticized for standing by its original assessment that the attack was a spontaneous response to an anti-muslim film. >>> score one for the record folks. homer bailey of the cincinnati reds pitched a no-hitter last night against the pirates in pittsburgh. the score was 1-0. bailey struck out ten and walked only one, the seventh no-hitter in the major leagues this season and the first for the reds in 24 years. congratulations to homer bailey who you know with that name just had to grow up to become a major leaguer. >>> it's ine
it will be the latest in a series of demonstrations against the spanish government for imposing severe spending cuts and tax hikes. this protest took place on wednesday. spain is the eurozone's fourth largest economy, but struggling to recover from the deep recession gripping europe. >>> james clap per, says the attack on the u.s. consulate in benghazi was, quote, a deliberate and organized terrorist attack. four people were killed in the september 11th assault including ambassador...
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Sep 26, 2012
09/12
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CNBC
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eye 108
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another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last two days, today, in fact over austerity measures being imposed as they try to balance their budgets. >> michelle caruso-cabrera, thank you for that update. beakers, i'm going to you. the worse things get, the more likely it will be that spain actually seeks a bailout, right? borrowing costs have to remain high. 32 basis points rose in spanish bond yields. isn't that a good thing at the end of the day? >> yes. it's hard to say that social unrest is a good thing. but in terms of the markets, this pushes spain a lot closer to that bailout that everybody's been looking for. and you actually have a couple
another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last...
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Sep 25, 2012
09/12
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MSNBC
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and what is the signal that our government is sending the rest of the world? >> joining me now is traveling press secretary for the obama campaign. great to hav you here >> goodmorning. >>t tmivedy that if we need to interrupt and jump out of this because mitt romney will be sitting down with brian williams. so i just want to give you fair warning that we may have to jump over tohat. but as we have heard, everybody has been tough on the predent oue idt not having any by lot ral melateral meetin planned and here's what he had to say. >> he's not doing the jobf being president, he's doi the job of candidate. president obama has deced at a ti grave csis thate res um toaha he can take the time not to be president for the next six weeks and let it just play itself out p. >> as we look back over history in 2004, george w. busheld five bilateral meetings at the u.n., last year president obama had 13 one-on-one meetings. just usi the esident'n plf inrot year, is this a missed opportunity to meet with the current leaders at the u.n. and also allow republicans the sclan
and what is the signal that our government is sending the rest of the world? >> joining me now is traveling press secretary for the obama campaign. great to hav you here >> goodmorning. >>t tmivedy that if we need to interrupt and jump out of this because mitt romney will be sitting down with brian williams. so i just want to give you fair warning that we may have to jump over tohat. but as we have heard, everybody has been tough on the predent oue idt not having any by lot...
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Oct 1, 2012
10/12
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WUSA
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pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax experts said today 90% of american families are facing what they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. wyat >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and will hit americans at every income level, including those living below the poverty line. for a middle-income family making $40,000 a
pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax...
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to even hide the fact that wall street and government co-exist under the same umbrella. fashion that we don't see in any other industry united states right because there isn't even any attempt to find somebody that doesn't have these completely cliche credentials that people have become incredulous at least average people or people that are part of the establishment so do you think that just shows a massive disconnect between these politicians and their ivory towers and other people just everyone else the people that we interview on our shows our audience us . of course and i but i think there's also hubris because i think there are so disconnected and they feel so and both the and what two thousand proved to them they proved to them that they could ultimately get away with anything yeah the system was bankrupt they had taken on so much leverage and they were able to get bailed out not just to the tarp was just an excuse to just an excuse to enable the larger. tried to make bailout from the federal reserve all right so so these guys learned that they could screw up and t
to even hide the fact that wall street and government co-exist under the same umbrella. fashion that we don't see in any other industry united states right because there isn't even any attempt to find somebody that doesn't have these completely cliche credentials that people have become incredulous at least average people or people that are part of the establishment so do you think that just shows a massive disconnect between these politicians and their ivory towers and other people just...
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Sep 26, 2012
09/12
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CNBC
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long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents al
long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at...
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Oct 2, 2012
10/12
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WUSA
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will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde, managing director of the international monetary fund. late today secretary of state hillary clinton said she put together a commission to investigate the attack on the u.s. consulate in benghazi, libya. it will be led by the former head of the joint chiefs of staff, admiral mike mullen and former u.s. ambassador thomas pickerring. they will look at security and how four americans, including ambassador chris stevens, were killed in an attack on the anniversary of september 11. american airlines discovers why some of its seats came loose. u.s. soldiers are on the lookout for afghan allies who may be enemies. and why half
will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde,...
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Sep 28, 2012
09/12
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CNBC
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right now it's looking like 2 million in total nationwide, including government employees, from some reports. that number may be a bit inflated. the reports are coming from industry. we question whether or not there's a bias to those reports. >> the timing -- you're item id -- itemizing. this is before congress goes back to work to fix this crisis. is it possible notices go out when they do just to highlight what could happen as a scare tactic to get congress back to work? >> congress is already on a recess. they're on a recess all the way through the elections. actually, the government employee union has a 90-day notice policy, which would actually go out at the beginning of october. so the dates are kind of insignificant at this point. we're looking more at the nominal dollar effect, the total addressable market shrink for the defense market. it's going to be quite significant. >> i look at it the other way, actually. initially, i thought they had to tell employees by october 1st. so if it was october 1st, by the time the election came around, it would be out there. you can hide it
right now it's looking like 2 million in total nationwide, including government employees, from some reports. that number may be a bit inflated. the reports are coming from industry. we question whether or not there's a bias to those reports. >> the timing -- you're item id -- itemizing. this is before congress goes back to work to fix this crisis. is it possible notices go out when they do just to highlight what could happen as a scare tactic to get congress back to work? >>...
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government. it was much appreciated at the time. a long conversation about the financial system at the time that support was given, but we have systematically under the of our ceo worked our way out of that situation. the government has been fully repaid. we have re-emerged as a small but profitable company. we still have a $60 billion market cap which is nothing to sneeze at. we have the world's largest property and casualty insurance business and a very big u.s. domestic retirement and life-insurance business. we are very excited about our growth prospects. the balance sheet has been fixed, and i think we're on our way. liz: it's great to have you, once again, especially hearing about retail. how do you think the holiday season shapes up? >> better than the forecast. liz: better than the 4%. we have a little uptick in consumer confidence noted of the past couple of months. >> consumers, last year's sales were up five and a half% during the holiday. i think we will do at least that well this year. liz: arthur martinez. former chair
government. it was much appreciated at the time. a long conversation about the financial system at the time that support was given, but we have systematically under the of our ceo worked our way out of that situation. the government has been fully repaid. we have re-emerged as a small but profitable company. we still have a $60 billion market cap which is nothing to sneeze at. we have the world's largest property and casualty insurance business and a very big u.s. domestic retirement and...
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Oct 2, 2012
10/12
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KCSMMHZ
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. >> barkeepers in prague are protesting against the government ban. they can no longer sell expensive drinks to tourists -- only beer and wine. no one is happy. >> czechs are angry, really mad. drinking spirits is a national pastime. what do you expect. >> but over 20 people have died. the government had to do something. >> everybody suffers just because a couple of people made a mistake. one person sold a bad batch of spirits, and now 10 million people have to suffer. >> the government is introducing new requirements for seals and proofs of origin. only bottles with approve labels will be allowed for sale and export, but many think moonshiner's will just take the new labels, and the new rules come too late for vladimir. doctors say he will never see again. >> spain's regions were once the symbol of democratic progress. for a long time, the regions are prospering and all was well in spain, but that changed dramatically when the financial crisis hit. now, many regions are on the verge of bankruptcy. today, the number of spaniards who can afford it beac
. >> barkeepers in prague are protesting against the government ban. they can no longer sell expensive drinks to tourists -- only beer and wine. no one is happy. >> czechs are angry, really mad. drinking spirits is a national pastime. what do you expect. >> but over 20 people have died. the government had to do something. >> everybody suffers just because a couple of people made a mistake. one person sold a bad batch of spirits, and now 10 million people have to suffer....
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Sep 25, 2012
09/12
by
CNBC
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it's giving the federal government an opportunity to get its house in order. very much like the integration of euro countries back in the last decade where -- >> it's josh. i'm just curious. first of all, i admire your conviction, 35% cash in the midst of a market meltup. i guess john talks about how he wants his investors to judge him over a full market cycle, understanding the fact he will trail in certain types of market environments. how do you feel about that? are you willing to forego-g a rally of this strength and breadth to ultimately be right and skate where the puck is, where you think it's going to be in 2013? >> absolutely. i've done it throughout my entire career. it's something i addressed in the commentary about that our clients and managers will be tested during this period of time. we are coming into the most critical year, i believe, in the last 80 years in 2013. and it's something i've spoken about -- >> that's a big, big statement. mike murphy? >> rob, i was in the same camp coming into qe3. i was hoping that the fed didn't do anything. i t
it's giving the federal government an opportunity to get its house in order. very much like the integration of euro countries back in the last decade where -- >> it's josh. i'm just curious. first of all, i admire your conviction, 35% cash in the midst of a market meltup. i guess john talks about how he wants his investors to judge him over a full market cycle, understanding the fact he will trail in certain types of market environments. how do you feel about that? are you willing to...
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Sep 29, 2012
09/12
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CSPAN
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host: here is a tweet - caller: the issue no taxes and the demonizing of government and the role government plays in our role lives and can play -- as getting one of social security or who as medicare. we know what a positive role it can play. there should be a full discussion of this in the media. i remember being at the republican convention. they had d'amato "we built it -- they had the motto "we built it," malkin president obama. -- mocking president obama. then seeing nikki haley mocking them. this is quite astounding. there is billions of dollars from the united states. be honest about it -- let's have some fact-based journalism. they had a debt clock that the convention. it was going up really fast. as i saw that slogan "we built it" and i saw the dead going up, yes, they built the debt. it is no one person or party. it is about a government that we have to all decide how to care for the people of this country. how do we insure that all the people who worked their whole lives are not foreclosed on and living on the street? host: amy goodman is the host of "democracy now." and an auth
host: here is a tweet - caller: the issue no taxes and the demonizing of government and the role government plays in our role lives and can play -- as getting one of social security or who as medicare. we know what a positive role it can play. there should be a full discussion of this in the media. i remember being at the republican convention. they had d'amato "we built it -- they had the motto "we built it," malkin president obama. -- mocking president obama. then seeing nikki...
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Sep 28, 2012
09/12
by
WBAL
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the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry either fell or jumped off the roof. >>> nasa is taking a very close look at new photos from mars that show pebbles rounded off. scientists say it may be a sign that water once flowed on the red planet, possibly enough to fill a stream. >>> now here's an early look at how wall street's going to kick off the day. the dow closed at 13,485 after adding 72 points yesterday. the s&p gained 13. the nasdaq climbed 42. taking a look at overseas trading this morning, in tokyo the nikkei dropped 79 points but in hong kong the hang seng was up 78. >>> aggressive budget cutting from one of europe's troubled economies helped
the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry...
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Sep 26, 2012
09/12
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MSNBCW
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we've lost four of our diplomats and what is the signal that our government is sending the world. >> paul ryan wants to look like president obama is one-term jimmy cartier and paul ryan would be cast as ronald reagan. but it's notable that he's even trying in a campaign that's been unwilling and unable to engage america in the larger world. he's finally trying to do it. in terms of what they're going to do, on even just say the issue of war we're in right now, they have really been unwilling to engage. maybe this means they'll start. so far, i mean, famously mr. romney didn't mention the war in afghanistan at all. he explained in speeches like that you don't go through a laundry list. you go through things that are important. the war wasn't important to him. but it's not just specifically afghanistan. here's another one. if you go to mitt romney's website right now and you type the word drones into the search box on the website because you want to know his position. you will find three results. three. one result is mr. romney criticizing mr. obama after a drone crashed in iran. then
we've lost four of our diplomats and what is the signal that our government is sending the world. >> paul ryan wants to look like president obama is one-term jimmy cartier and paul ryan would be cast as ronald reagan. but it's notable that he's even trying in a campaign that's been unwilling and unable to engage america in the larger world. he's finally trying to do it. in terms of what they're going to do, on even just say the issue of war we're in right now, they have really been...
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Sep 25, 2012
09/12
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MSNBCW
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we need to get the federal government out of education. do you agree with that leadership vision and approach? >> i think there's an appropriate federal role, there's an appropriate state role, there's an appropriate local role. i think where there's a huge contrast is what president obama and i fundamentally believe is that education is an investment. we all have to work together to make sure every single child has a world class education. congressman ryan's budget, they view education as an experience, something that can be cut. so we've invested hundreds of millions of dollars. probably the best investment we can make. we want to continue to invest in k-12 reform. we want to kin to make college more affordable. we've had the biggest increase in spepell grants since world w ii. the contrast under congressman ryan he ryan's budget, they would cut head start programs, significantly less resourceses for children with disabilities and children who live below the pofrly line and potentially devastating cuts to higher education. that's not whe
we need to get the federal government out of education. do you agree with that leadership vision and approach? >> i think there's an appropriate federal role, there's an appropriate state role, there's an appropriate local role. i think where there's a huge contrast is what president obama and i fundamentally believe is that education is an investment. we all have to work together to make sure every single child has a world class education. congressman ryan's budget, they view education...
WHUT (Howard University Television)
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Sep 28, 2012
09/12
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WHUT
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a system of governance we can dream and imagine and build together. one that recognizes at least 6000 years of brutally enforced complicity six dozen years ahead of us when we will not submit what will we need? a hundred years a least a plan. 500 will be handed us gladly when the planet is scared enough to which the circles of women meet, organize ourselves, and, allied with men brave enough to stand with women, men brave enough to stand with lemon, nurture our planet to a degree of health. and without apology the low- impossible to make a bigger mess than has been made already -- devote ourselves, heedless of opposition, to tirelessly serving and resuscitating our mother ship and with gratitude for her care of us were shipped -- were shippedfully commit to rehabilitating it. >> alice walker, what are your thoughts on what should happen in november? what should happen is that everyone should make the very best choice based on their own values. and that is recognizing there is so much evil everywhere we look. still, choose what you think is best for ou
a system of governance we can dream and imagine and build together. one that recognizes at least 6000 years of brutally enforced complicity six dozen years ahead of us when we will not submit what will we need? a hundred years a least a plan. 500 will be handed us gladly when the planet is scared enough to which the circles of women meet, organize ourselves, and, allied with men brave enough to stand with women, men brave enough to stand with lemon, nurture our planet to a degree of health. and...
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Sep 28, 2012
09/12
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CSPAN
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i don't think the government will fix health care. they have tried. they are not in a good position. patients can fix health care. they can be empowered based on who performs best. it is the hospitals. hospitals measure their performance and we can make that information public. host: the 25% figure -- is that pretty well accepted, the rate of malpractice or mistakes? guest: i was in denial and angry when i first heard these numbers. i am proud of being a doctor. some studies show is as high as one in three patients. the more we study, the bigger we find the problem to be. think there should be at the mitigation of lawsuits? guest: they are expected complications and part of the procedure consent forms. they occur too frequently. things like people not being told all their options. we need some common-sense malpractice reform for these frivolous claims. 20% to 30% of everything we do are unnecessary -- medications, procedures, taests. 15% of heart stents. these are major studies coming from doctors in those specialties. he should think twice and had a
i don't think the government will fix health care. they have tried. they are not in a good position. patients can fix health care. they can be empowered based on who performs best. it is the hospitals. hospitals measure their performance and we can make that information public. host: the 25% figure -- is that pretty well accepted, the rate of malpractice or mistakes? guest: i was in denial and angry when i first heard these numbers. i am proud of being a doctor. some studies show is as high as...
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Sep 27, 2012
09/12
by
WJLA
tv
eye 189
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china may announce stimulus measures to boost their economy while spain was a government is expected to present their budget for the next year. -- spain's government will present their budget for the next year. on top of jobs, on top of kohl's hiring push, they have created 1500 jobs in 10 states. two new stores will open in the washington area. the burden of student loan debt is getting worse. when you factor in tuition costs and raise borrowing limits, nearly one in five households have student loan debt in 2010. that is more than twice the level compared to 1989. this is according to a report from the pure research center that shows the average that was more than $27,000. more starbucks fans are looking to brew their lattes at home. that is coming up in the hour. >> 4:30 a right now and 56 degrees. >> still to come, bad news >> there has been a decision on pepco's request for a rate increase. if they had approve the entire amount, the typical customer would have to pay $5.20 more each month. instead they will pay about $2.60 more. the rate increase set to take place next month. >>
china may announce stimulus measures to boost their economy while spain was a government is expected to present their budget for the next year. -- spain's government will present their budget for the next year. on top of jobs, on top of kohl's hiring push, they have created 1500 jobs in 10 states. two new stores will open in the washington area. the burden of student loan debt is getting worse. when you factor in tuition costs and raise borrowing limits, nearly one in five households have...
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Oct 2, 2012
10/12
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MSNBCW
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and what about the afghan government? it's meaningless here, they say. you think it's possible that the taliban will try and come back? "yes, they will," he says. "it it makes a decades worth of american battles seem futile. it wasn't always like this. >> the united states military has begun strikes. >> reporter: at first -- >> one, two, three! >> reporter: -- the war had momentum. and a clear purpose. al qaeda with bases in afghanistan attacked the united states on 9/11. just three months later, the u.s. drove the taliban from power. al qaeda and osama bin laden were on the run. it was done with a few hundred cia officers, special forces and air power. a quick victory but not decisive. and then came the distraction of a new war in iraq. the taliban regrouped, and the u.s. began a nation-building project that has been far less successful. the government washington helped put in place is widely considered corrupt. president karzai is supposed to be out by 2015. but afghans don't believe it. the war has brought some benefits to afghans. 3 million girls now
and what about the afghan government? it's meaningless here, they say. you think it's possible that the taliban will try and come back? "yes, they will," he says. "it it makes a decades worth of american battles seem futile. it wasn't always like this. >> the united states military has begun strikes. >> reporter: at first -- >> one, two, three! >> reporter: -- the war had momentum. and a clear purpose. al qaeda with bases in afghanistan attacked the united...
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Sep 27, 2012
09/12
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FBC
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our biggest risk is the federal government. melissa: you are worried you will not be getting money from the fed? how would you make that up? would you immediately start cutting? >> absolutely. what the federal government would look at the programs and we would start to scale them back. certainly, that is not on the top priority. congress this duty is to determine the spending priorities, the flow of money to the states and certainly we will scale those programs back. melissa: do you feel like this will really happen and, as a result, are you already planning? >> well, you know, and lots of programs the state administers are exempt from the sequestration. the other programs, the workforce training dollars, certainly as we are beginning to rebound, they will be difficult to administer and scale back. we will have to look at and determine how best to deal with them. melissa: that is the plan. that is where you would make the cut? >> yes. it will come through. it will be pretty prescriptive wherewith cut the programs. melissa: we h
our biggest risk is the federal government. melissa: you are worried you will not be getting money from the fed? how would you make that up? would you immediately start cutting? >> absolutely. what the federal government would look at the programs and we would start to scale them back. certainly, that is not on the top priority. congress this duty is to determine the spending priorities, the flow of money to the states and certainly we will scale those programs back. melissa: do you feel...
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Sep 30, 2012
09/12
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CNNW
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. >>> to syria now where rebel and government forces e fighting it out block by block. opposition liters say at least 21 people were killed across the nation in fighting yesterday. that's what it looked and sounded like on the streetses o aleppo. it's just one of the cultural and civilian landmarks being destroyed in civil war. i-tv's bill sealy has more. >> reporter: in one city this would be bad enough. in three, it's a disaster, but this is now the reality in the three main cities of syria. the ragings, troops fighting rebels for control of whole districts. aleppo is syria's biggest city and business capital engulfed now in the business of war. the damage is extraordinary. the death toll incal cue label. aleppo is being destroyed to make it safe. syrian troops are on the offensive in the country's third city, homs. recapturing many areas from what they say are foreign fighters and extremist muslims. rebels they say directly armed by arab states. in one district they took, they showed us what they said was an abandoned rebel headquarters. bags with saudi arabian marki
. >>> to syria now where rebel and government forces e fighting it out block by block. opposition liters say at least 21 people were killed across the nation in fighting yesterday. that's what it looked and sounded like on the streetses o aleppo. it's just one of the cultural and civilian landmarks being destroyed in civil war. i-tv's bill sealy has more. >> reporter: in one city this would be bad enough. in three, it's a disaster, but this is now the reality in the three main...
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313
Sep 30, 2012
09/12
by
KPIX
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the transfer deal was reached about a year ago, but canada's conservative government only acted today. in his decade behind bars at guatanamo, omar khadr was an unlikely poster boy for the war on terror. what has made his case so controversial is his age. he was only 15 years old when he was captured by u.s. forces in afghanistan. >> the time he was brought in, he was just a child. the u.s. did not treat him in the way that international law applies, and that's what really ising significant about this particular case. >> reid: under a plea deal before a military tribunal in 2010, he pleaded guilty to kill a u.s. soldier in afghanistan and in return was transferred to canada to serve out his eight-year sentence. until now, canada's government refused to accept him. >> omar khadr was born in canada and is a canadian citizen. as a canadian citizen he has a right to enter canada after the completion of his sentence. >> reporter: the khadr family has been called canada's first family of canada. omar khadr was born in canada but spent much of his childhood in pakistan and afghanistan. his f
the transfer deal was reached about a year ago, but canada's conservative government only acted today. in his decade behind bars at guatanamo, omar khadr was an unlikely poster boy for the war on terror. what has made his case so controversial is his age. he was only 15 years old when he was captured by u.s. forces in afghanistan. >> the time he was brought in, he was just a child. the u.s. did not treat him in the way that international law applies, and that's what really ising...
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Sep 26, 2012
09/12
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MSNBC
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the federal government provides funding for special needs unions in america. mitt romney is so confused on this issue he actually made the case for the teachers in chicago today in the interview. >> education is done at the state level. thfederal government provides funding for special needs students. >> it's just that easy, right? one of the main reasons the teachers went on strike for the first time in 25 years was because of resources and the lack of resources in the classroom. it's different throughout the city. ey c't afford to cut to federal and state funding. they can't afford those cuts. that's exact what would happen if a mitt romney became president of the united states. the romney/ryan plan, here's the list, folks. cut pell grants for mo than nine million students, eliminate head start programs for two million children, and cut $5 billion in title one funding for low-income and special needs students. good plan? r iccaon because, you see, they have a different plan. >> g t a cer schools is if they fail, you close them. you invoke their charter. i be
the federal government provides funding for special needs unions in america. mitt romney is so confused on this issue he actually made the case for the teachers in chicago today in the interview. >> education is done at the state level. thfederal government provides funding for special needs students. >> it's just that easy, right? one of the main reasons the teachers went on strike for the first time in 25 years was because of resources and the lack of resources in the classroom....